B2B Technologies Co-Develops Equifax Banking Software

ATLANTA, GA - March 5, 1999 – B2B Technologies, developers and integrators of Internet-based software systems, has completed the co-development of a new software application with Equifax, Inc. of Atlanta. The software provides the critical infrastructure required to support a new product initiative by Equifax in the community banking application area.

One of the largest credit reporting companies in the world, Equifax turned to B2B Technologies to develop several critical pieces of the software. "I believe the reason Equifax selected B2B Tech was because of our specialized technical knowledge, our ability to do the job quickly and cost effectively and the fact that Equifax could trust B2B Tech to handle the job," said Frank Fuerst, president of B2B Technologies.

The subsystems developed by B2B Technologies include Automated Clearing House (ACH) processing, Wire Transfer, Dynamic Advertising and Account Management.

The Automated Clearing House (ACH) and Wire Transfer subsystems support transferring funds from one bank to another through the United States Government’s Federal Reserve System. B2B Technologies built the ACH and Wire Transfer subsystems to comply with US Federal Reserve System specifications and coordinated testing of the system with Federal Reserve personnel.

The Dynamic Advertising subsystem provides Equifax with the ability to sell and display targeted advertising within its software product. Dynamic Advertising is flexible and can target advertising to users identified by either broad or narrow criteria.

Account Management provides individual account users with the ability to view and manage certain aspects of their own accounts.

B2B Technologies is a privately held Internet consulting and development company specializing in business-to-business e-commerce and supply chain integration solutions. Its mission is to help companies improve their market position, revenues and profitability through the innovative application of Internet technologies.

B2B Tech’s customer base includes mid-market companies in the financial services, manufacturing, distribution, computer software and non-profit verticals. B2B Tech has a broad range of experience in e-commerce, information architecture, database management systems, ERP and Supply Chain Management, Knowledge Management, digital marketplaces, and systems integration. With these skills, B2B Tech can provide its customers with everything from strategic consulting through development and deployment.